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FTB's down 1.04% today but I'm not losing sleep over daily moves in property stocks, especially at 665 rand. What matters more is whether their rental income holds up through economic cycles and if they're managing vacancy rates sensibly. Real estate's meant to generate steady ca
Fairvest Limited B (FTB) at R665.00. Dividend yield above 4% on current price? Hard to ignore.
FTB broke above that R665 resistance level today with the 1.05% push, but I'm seeing the daily chart still trapped between the 50 and 200 MA. Is anyone else watching for a potential double top pattern forming, or should we expect this rental yield play to grind higher from here?
FTB crawling up 0.75% like a sheep finding its way home after a dust storm, but at 674 bucks the real estate sector still feels like it's searching for direction.
FTB holding steady at R717 today with that modest uptick. Anyone else watching their balance sheet composition on the back of higher interest rates, or are we confident they've got enough buffer in their loan covenants to weather another year of this tighter cycle?